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Wednesday, December 24, 2008

ICICI Prudential MF provides repurchase facility

On 24 December 2008

ICICI Prudential Mutual Fund has provided repurchase facility to unit holders in ICICI Prudential S.M.A.R.T (Structured Methodology Aiming at Returns over Tenure) Fund Series A – 15 Months Plan on 24 December 2008. The decision has taken in order to provide liquidity to the investors of the scheme at applicable exit load.

ICICI Prudential S.M.A.R.T. Fund-Series A is a close-ended scheme with an investment objective to invest in short term and medium term debt instruments with fixed and/or floating payouts linked to the equity indices normally maturing in line with the time profile of the scheme.

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